Alliance Mining Balance Sheet Health
Financial Health criteria checks 0/6
Alliance Mining has a total shareholder equity of CA$-2.3M and total debt of CA$163.6K, which brings its debt-to-equity ratio to -7.1%. Its total assets and total liabilities are CA$4.8K and CA$2.3M respectively.
Key information
-7.1%
Debt to equity ratio
CA$163.57k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$418.00 |
| Equity | -CA$2.30m |
| Total liabilities | CA$2.30m |
| Total assets | CA$4.76k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: X9E1 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: X9E1 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: X9E1 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: X9E1's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: X9E1's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if X9E1's interest payments on its debt are well covered by EBIT.